Comments on: Taking Advantage of Investors http://www.obliviousinvestor.com/taking-advantage-of-investors/ Investing Blog: The Oblivious Investor Thu, 29 Jul 2010 15:54:20 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Neal Frankle http://www.obliviousinvestor.com/taking-advantage-of-investors/comment-page-1/#comment-1207 Neal Frankle Tue, 17 Mar 2009 12:32:46 +0000 http://www.obliviousinvestor.com/?p=1863#comment-1207 I agree with Mike. Also, INVESTOR hit it on the head. What I find truly amazing is that people still fall for it - if not, those jerks would be out of business. Why is this? Because many "investors" behave like children. They want what they want when they want it. As a result, if Mr. "Promise Them The Sky" offers some candy, they'll take it.....and follow him anywhere he leads. I agree with Mike. Also, INVESTOR hit it on the head.

What I find truly amazing is that people still fall for it – if not, those jerks would be out of business.

Why is this? Because many “investors” behave like children. They want what they want when they want it. As a result, if Mr. “Promise Them The Sky” offers some candy, they’ll take it…..and follow him anywhere he leads.

]]> By: Investor http://www.obliviousinvestor.com/taking-advantage-of-investors/comment-page-1/#comment-1206 Investor Mon, 16 Mar 2009 23:21:10 +0000 http://www.obliviousinvestor.com/?p=1863#comment-1206 This reminds me of a post recently on the "20 something finance" blog, where the author indicates that "buy and hold is dead", and expresses his plan on beating the market. All it shows is how naive the author is. Your write-up is spot on. Anyone who claims to consistently beat the market is delusional. If someone really could beat the market, wouldn't they shut their trap about it and make billions? I would. This reminds me of a post recently on the “20 something finance” blog, where the author indicates that “buy and hold is dead”, and expresses his plan on beating the market. All it shows is how naive the author is.

Your write-up is spot on. Anyone who claims to consistently beat the market is delusional. If someone really could beat the market, wouldn’t they shut their trap about it and make billions? I would.

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